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10501 Wilshire Blvd 1006, Los Angeles, CA 90024

Sale Price: $500,000
Jan 17, 2025771 sqft1 beds1 baths
Listed by: Sam Shakerchi
License #: 01868195
Phone #: 310-525-0872
Compass
Source:
CRMLS Logo
MLS #: 25484623

Property Description

WAS $599,000 and just fell out of escrow Escrow. Seller has instructed to reduce by $100K and EVENT-PRICE THE UNIT AT $499,000! *HERE'S WHY! According to the Management, there is a small assessment coming up to upgrade Fire Equipment, estimated to be at around $5K to $7K per unit, so the Seller has requested we plummet the price by $100,000 to more than cover any other potential upcoming assessments, so that the new Buyer has plenty of money left to furnish the entire unit, and so that almost any Buyer can qualify for financing cleanly and quickly. This is what you're getting: South facing views in the heart of the Wilshire Corridor. 1 bdr/1bth with views from every window in the unit. Newly new Samsung Bespoke Studio Appliances in the kitchen - Amenities include valet parking, a 24-hour concierge, fitness center, swimming pool, business/meeting center, and a private lounge. Just minutes to Westwood Village, Century City, Westfield Mall, and Beverly Hills. At $499K you'll have plenty of money left over to pop into Beverly Hills and buy dozens of those $24 Erewhon smoothies everyone's talking about.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,488

TurboHome Estimated Value

$499,100

$647 sqft

High Valuation
$524,055
$680/sqft
Normal Valuation
$499,100
$647/sqft
Low Valuation
$474,145
$615/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$647/sqft$499,100

Neighborhood: Westwood

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Comparative Value

$499K

$525K

$545K

$640K

10501 Wilshire Blvd 1006, Los Angeles, CA 90024

List Price: $499,000

Subject Property

10501 Wilshire Blvd 1006, Los Angeles, CA 90024

Sale Price: $500,000

Selected Comparable

10501 Wilshire Blvd 1707, Los Angeles, CA 90024

Sale Price: $525,000

Selected Comparable

10501 Wilshire Blvd 917, Los Angeles, CA 90024

Sale Price: $545,000

Selected Comparable

10433 Wilshire Blvd 610, Los Angeles, CA 90024

Sale Price: $550,000

Selected Comparable

10501 Wilshire Blvd 1004, Los Angeles, CA 90024

Sale Price: $640,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
10501 Wilshire Blvd 1006, Los Angeles, CA 90024

10501 Wilshire Blvd 1006, Los Angeles, CA 90024

List: $499,000

Listed: 1/17/2025

Area:771 sqft
Price/sqft:$647
Beds:1
Baths:1
Year Built:
Lot Size:42,193

Comparable Properties

COMPARABLE
Choose comps
10501 Wilshire Blvd 1006, Los Angeles, CA 90024

10501 Wilshire Blvd 1006, Los Angeles, CA 90024

Sale: $500,000

3/19/20250.00 mi

Area:771 sqft
Price/sqft:$649
Beds:1
Baths:1
Year Built:
Weight:22.4%
10501 Wilshire Blvd 1707, Los Angeles, CA 90024

10501 Wilshire Blvd 1707, Los Angeles, CA 90024

Sale: $525,000

5/30/20250.00 mi

Area:608 sqft
Price/sqft:$863
Beds:1
Baths:1
Year Built:
Weight:20.1%
10433 Wilshire Blvd 610, Los Angeles, CA 90024

10433 Wilshire Blvd 610, Los Angeles, CA 90024

Sale: $550,000

12/24/20240.19 mi

Area:873 sqft
Price/sqft:$630
Beds:1
Baths:1
Year Built:
Weight:19.3%
10501 Wilshire Blvd 1004, Los Angeles, CA 90024

10501 Wilshire Blvd 1004, Los Angeles, CA 90024

Sale: $640,000

11/1/20240.00 mi

Area:653 sqft
Price/sqft:$980
Beds:1
Baths:1
Year Built:
Weight:19.2%
10501 Wilshire Blvd 917, Los Angeles, CA 90024

10501 Wilshire Blvd 917, Los Angeles, CA 90024

Sale: $545,000

10/24/20240.00 mi

Area:646 sqft
Price/sqft:$844
Beds:1
Baths:1
Year Built:
Weight:19.1%

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